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Montevideo, April 19th 2024 - 06:57 UTC

Stories for 2018

  • Wednesday, May 16th 2018 - 09:09 UTC

    Argentina seems to have managed Tuesday's challenge, but what comes next?

    Finance minister Luis Caputo said Argentina managed to float additional bonds, equivalent to US$ 3 billion in Pesos

    Argentina’s central bank on Tuesday rolled over billions of dollars in short-term debt, providing President Mauricio Macri’s government with a shot of confidence after weeks of economic volatility. In a statement, the Argentine central bank said it refinanced all of the US$ 26 billion of peso-denominated short term bonds that matured on Tuesday. Investors were attracted by renewal rates of 40% for 36-day Lebac and 38% and 38,5% for 90 days and plus, Lebacs.

  • Wednesday, May 16th 2018 - 09:02 UTC

    ILO annual report: Climate change combat could create millions of new job opportunities

    Deputy Director-General, Deborah Greenfield, insisted a green economy can enable millions more people to overcome poverty and deliver improved livelihoods

    Its forecast that 24 million new posts “will be created globally by 2030”, contains the caveat that “the right policies to promote a greener economy” must also be in place for this to happen, along with better social safety nets for workers.

  • Wednesday, May 16th 2018 - 08:55 UTC

    EU warns Britain time is running out to seal a Brexit deal

    “We are concerned that there is no clear stance, no clear position from the British. The clock is ticking,” German EU Minister Michael Roth told EU peers in Brussels

    The European Union warned Britain time was running out to seal a Brexit deal this autumn and ensure London does not crash out of the bloc next March adding to pressure on Prime Minister Theresa May. But Mrs May’s spokesman said the “focus is on getting this right” rather than meeting a deadline.

  • Wednesday, May 16th 2018 - 08:53 UTC

    Kellogg pulls out of Venezuela. Maduro promises to hand control of the factory to workers

    Kellogg is the latest multinational to close or scale back operations in Venezuela, citing strict currency controls, a lack of raw materials and soaring inflation

    The United States based cereal maker Kellogg is pulling out of Venezuela because of the economic deterioration in the country. Workers said they were prevented from entering the plant in the central city of Maracay on Tuesday. The announcement comes ahead of Sunday's presidential elections.

  • Wednesday, May 16th 2018 - 08:46 UTC

    Scotland parliament rejects Brexit legislation; potential for constitutional clash with London

    Ms. May had pledged to seek a Brexit that works for all the U.K.’s nations, but Scotland, which voted to remain in the EU, is accusing her of a power grab.

    The Scottish Parliament voted against British Prime Minister Theresa May’s landmark Brexit legislation, setting up a potential constitutional crisis and further complicating the path to an orderly departure. Lawmakers in Edinburgh voted 93-30 to withhold consent for the EU withdrawal bill. The U.K. can disregard the vote, but it would be the first time London asserts its dominance over the regional parliament.

  • Wednesday, May 16th 2018 - 08:38 UTC

    Welsh Assembly supports EU Withdrawal Bill after months of talks and heated debate

    Finance Secretary Drakeford ”We have defended and entrenched our devolution settlement. We have provided for the successful operation of the UK after Brexit.

    A majority of Welsh assembly members have given their consent to a controversial Brexit bill. It follows the UK and Welsh governments reaching agreement on changes to the EU Withdrawal Bill after months of talks. Labour, Welsh Conservative and UKIP AMs supported the Welsh Government's position in a heated debate on Tuesday, while Plaid Cymru opposed the move.

  • Wednesday, May 16th 2018 - 08:30 UTC

    Catalan MPs elect fervent separatist who pledges to reinstate Puigdemont as “the legitimate president”

    Puigdemont is in Germany fighting extradition to Spain, where he is wanted for allegedly using public funds and orchestrating an “insurrection”

    Catalan MPs have elected a fervent separatist as the new chief of the region, ending a leadership vacuum of more than six months and setting the scene for more confrontations with the Spanish government. Quim Torra, 55, a former corporate lawyer who went on to lead a prominent pro-secession group, vowed to build an independent Catalan republic by working under the leadership of his fugitive predecessor, Carles Puigdemont.

  • Wednesday, May 16th 2018 - 08:22 UTC

    Boris Johnson expected in Argentina; homage to Falklands/Malvinas conflict fallen in the agenda?

    The Foreign secretary is expected in Buenos Aires for a G20 ministerial meeting

    Foreign Secretary Boris Johnson is expected next week in Argentina for a G20 ministerial meeting and, according to Buenos Aires media, normally well informed, he is scheduled to attend a homage to the fallen in the South Atlantic conflict. This would take place in the framework of the new constructive positive turn for Argentine/UK bilateral relations, which includes cooperation in several fields.

  • Wednesday, May 16th 2018 - 08:16 UTC

    Brexit: Thomson Reuters moves part of its trading business to Dublin

    The company said its foreign exchange derivatives trading business would “not be able to continue to access the EU market after the Brexit date”

    Thomson Reuters, which operates trading systems for financial institutions around the world, is moving its foreign exchange derivatives trading business to Dublin from London. The company said it was moving so that post-Brexit it would still be regulated by European Union rules and could continue to sell into the EU.

  • Wednesday, May 16th 2018 - 08:12 UTC

    Falklands' police make arrest for suspected drugs offences

    Royal Falkland Islands Police station in Stanley

    The Royal Falkland Islands Police would like to inform the public that, on the evening of Monday 14 May 2018, an arrest was made at Mount Pleasant Complex in connection with the possession of controlled drugs.